- List Price : $360,000
- City : FORT MYERS
- Acres : 0.0599
- MLS Area : 677
- Status Type : Resale Property
- Approx. Living Area : 677
- Furnished : Unfurnished
- Date Created : 2023-02-20
- MLS Number : 223011098
- State Or Province : FL
- Subdivision : BANYAN TREE OF FT MYERS CONDO
- County : Lee
- Bedrooms : 6
- Approx. Total Area : 677
- Year Built : 1985
- Potential Short :
- DOM : 463
- Address : 824 Alderman ST # 113, FORT MYERS FL 33916
- Postal Code : 33916
- Development : Array
- Property Type : Residential
- Bath Full : 3
- Price per Sq Ft : $138
- Property Id : 08-44-25-P4-02000.1010
- Status : Pending
- CDOM : 562
Description
Portfolio of three (3) condominiums in Banyan Tree Condo. All units are fully leased with annual leases in place. Rents range from $1250-$1650, with room for increases. One unit was completely renovated with new cabinets, vanity, appliances, HVAC, and paint. The other two units have new appliances, HVAC, and updates where needed. Excellent investment opportunity with a desirable CAP rate and GRM.
Provided by Century 21 Sunbelt Realty